CANNAINVESTOR Magazine U.S. Privately Held Companies November 2017 | Page 126

The chart above shows the most current data concerning recent medical cannabis sales in Maine. After rapid growth YOY, this final year (2016) shows what can be conceived as a plateau. If we apply these statistics in correlation to the five percent medical cannabis YOY growth, the following seven year projections of recreational sales in Maine can be expected:

MARKET

1. 2018- $6,844,000

2. 2019- $10,788,000

3. 2020- $12,946,000

4. 2021- $18,611,000

5. 2022- $36,069,000

6. 2023- $50,300,000

7. 2024- $71,236,000

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